Lithuania Average Monthly Gross Wages - Forecast

Wages in Manufacturing in Lithuania is expected to be 862.93 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Lithuania to stand at 866.95 in 12 months time. In the long-term, the Lithuania Average Monthly Gross Wages is projected to trend around 850.68 EUR/Month in 2020, according to our econometric models.


Lithuania Average Monthly Gross Wages
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Lithuania Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 8.7 8.2 7.3 7.1 8.2 7.2
Employed Persons 1359 1353 1359 1359 1358 1368
Unemployed Persons 152 173 171 169 167 156
Labor Force Participation Rate 60.8 60.52 60.6 60.58 60.53 60.43
Long Term Unemployment Rate 2.7 3.21 3.47 3.73 3.99 5.23
Youth Unemployment Rate 13 12.68 13.22 13.64 14.01 16.43
Labour Costs 136 139 139 140 140 138
Job Vacancies 20414 16648 14605 14648 13662 12639
Wages 851 863 866 867 867 851
Wages in Manufacturing 851 863 866 867 867 851
Minimum Wages 380 380 380 380 380 400
Population 2.85 2.81 2.81 2.81 2.81 2.75
Retirement Age Women 62.2 62 62 62 62 61
Retirement Age Men 63.6 64 64 64 64 63
Productivity 128 108 115 126 119 119
Part Time Employment 106 107 108 108 109 113
Full Time Employment 1206 1208 1216 1224 1221 1227
Employment Change -0.5 -0.18 -0.02 -0.12 -0.1 -0.09
Employment Rate 70.9 69.39 69.95 69.65 68.95 67.17